
The Little Book of Currency Trading
How to Make Big Profits in the World of Forex
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Narrated by:
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Walter Dixon
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By:
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Kathy Lien
About this listen
Once dominated by global banks, hedge funds, and multinational corporations, the foreign exchange market, or forex, is now easily accessible to traders and investors around the world. But in order to make the most of your time in this market, you need to have a firm understanding of how it works.
Written by forex expert Kathy Lien, The Little Book of Currency Trading shows you how to effectively trade and invest in today’s biggest market. Minute by minute, she describes the multitude of opportunities possible in the forex market, from short-term price swings to long-term trends, and details the practical products that can help you achieve success.
Along the way, Lien skillfully explains the forces that drive currencies and provides strategies to profit from them; reveals how you can use various currencies to reduce risk and take advantage of global trends; and examines what you can do to make money without the stress of monitoring the market every day. Other issues addressed include:
- Getting started in forex and finding the right approach for you
- The most commonly made forex mistakes
- Making the most of slow and steady investing as well as learning the fast and furious approach to forex
- Avoiding popular forex scams
- And much more
Filled with in-depth insights and practical advice, The Little Book of Currency Trading opens the world of currency trading and investing to anyone interested in entering this dynamic arena.
Download the accompanying reference guide.©2010 Kathy Lien (P)2010 Gildan Media CorpCritic reviews
The most comprehensive forex "starters guide"
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A very useful introduction to Forex
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Brilliant book but…
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The disadvantages are that it omits so many important details especially on charts and charts' reading. It focused on one chart only (The Double Bollinger Bands) and did not mention enough details about other famous and important charts (Stochastic, RSI, ADX, MACD, Momentum, etc.). While the first chapters have been utilized to provide introductory materials about trading in general, it would have been utilized better if it talked about charts and technical indicators, the pros and cons of each, and what benefit does each one provide. But to be fair with the author, she has mentioned another book to refer to when seeking for more details on charts and it is called "The Art of Charts Reading".
Good but could have been better
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technique
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It also has a solid grounding in the importance of planning and controlling psychology (which in my experience you can only really learn the hard way). And there's also some specific criteria and advice about the authors own trading which gave me some new material to work on.
I would however have liked a bit more information that was specific to the forex markets, as I already have a grounding in much of the more general material covered. As often with the "little books" series, it could have done with being a bit less little, and a bit more expansive. They are after all written by people who know their subject well.
The narrator does a perfectly adequate job. Although a personal hang-up of mine is audiobooks that have a narrator of the other sex to the author.
Good trading book, little light on forex specifics
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Over all, the audio is very clear .
Useful infos on fore x trading
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